Jordan Novet / CNBC:

Cisco reports Q2 revenue down 6% YoY to $12.79B, vs. $12.71B est., and plans to cut 5% of its global workforce; Cisco had ~85,000 employees as of July 2023  —  Cisco said in a statement on Wednesday that it would cut 5% of employees.  The networking hardware maker had about around 85,000 employees as of last July.

Jordan Novet / CNBC:

Cisco reports Q2 revenue down 6% YoY to $12.79B, vs. $12.71B est., and plans to cut 5% of its global workforce; Cisco had ~85,000 employees as of July 2023  —  Cisco said in a statement on Wednesday that it would cut 5% of employees.  The networking hardware maker had about around 85,000 employees as of last July.

Source: TechMeme
Source Link: http://www.techmeme.com/240214/p28#a240214p28